Pentair plc (NYSE:PNR) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Pentair plc has received a consensus rating of "Moderate Buy" from sixteen analysts, with an average target price of approximately $114.36 for the next year.
• Despite a generally positive outlook, several research firms have made recent downgrades, with Bank of America reducing their target price from $106.00 to $100.00.
• Pentair also announced a quarterly dividend of $0.25 per share, set to be paid on November 7th, reflecting an annualized yield of 0.9%.

Pentair plc (NYSE:PNR - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the sixteen analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, ten have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $114.3571.

A number of research firms recently weighed in on PNR. Bank of America lowered shares of Pentair from a "neutral" rating to an "underperform" rating and cut their target price for the company from $106.00 to $100.00 in a report on Tuesday, July 29th. TD Cowen downgraded shares of Pentair from a "buy" rating to a "hold" rating and cut their price objective for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Robert W. Baird lifted their price objective on shares of Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Citigroup restated a "buy" rating and issued a $125.00 price objective (up previously from $99.00) on shares of Pentair in a research report on Monday, July 14th. Finally, Stifel Nicolaus increased their price objective on Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a research note on Monday, July 21st.

Institutional Investors Weigh In On Pentair

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Pentair by 7.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 91,737 shares of the industrial products company's stock valued at $9,232,000 after purchasing an additional 6,504 shares during the period. Versant Capital Management Inc boosted its position in Pentair by 128.4% during the first quarter. Versant Capital Management Inc now owns 507 shares of the industrial products company's stock worth $44,000 after purchasing an additional 285 shares in the last quarter. GAMMA Investing LLC boosted its position in Pentair by 9,873.3% during the first quarter. GAMMA Investing LLC now owns 346,771 shares of the industrial products company's stock worth $30,336,000 after purchasing an additional 343,294 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Pentair by 10.2% in the first quarter. Rhumbline Advisers now owns 320,161 shares of the industrial products company's stock worth $28,008,000 after acquiring an additional 29,518 shares during the last quarter. Finally, Czech National Bank raised its holdings in shares of Pentair by 5.9% in the first quarter. Czech National Bank now owns 37,951 shares of the industrial products company's stock worth $3,320,000 after acquiring an additional 2,125 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Stock Performance

Shares of PNR stock opened at $109.54 on Tuesday. The company's 50-day moving average is $106.94 and its 200 day moving average is $98.84. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. The company has a market capitalization of $17.96 billion, a price-to-earnings ratio of 29.93, a price-to-earnings-growth ratio of 2.10 and a beta of 1.08. Pentair has a one year low of $74.25 and a one year high of $112.91.

Pentair (NYSE:PNR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the firm posted $1.22 earnings per share. The firm's revenue was up 2.2% compared to the same quarter last year. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Sell-side analysts expect that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. Pentair's dividend payout ratio is currently 27.32%.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.

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